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Real Estate Dictionary: Biloxi, Ocean Springs, and Gulfport Mississippi home buying, real estate listings, and homes for sale in Harrison County, MS

Welcome > Resources > Real Estate Dictionary - A

Underwriting	The process of analyzing a borrower's capability to honor repayment of a loan (evaluating his or her credit, assets, employment) along with the value of the property being purchased, to help minimize the risk involved for the party lending the purchase money
Unilateral contract	A one-sided contract in which only one party is legally under obligation by the terms of the contract; one party promises an action to the second party, who is not legally required to respond, but if the second part does comply, then the first party is obligated to honor the promise made
Unsecured loan	A loan that is not guaranteed by collateral
Usury	The act of charging more than the maximum rate of interest permitted by law

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The Al & Dee Home Selling Team, REALTORŽ, real estate agents and broker for Biloxi, Ocean Springs, and Gulfport Mississippi home listings, property and land for sale - NUMBER1EXPERT(tm)

The Al & Dee Home Selling Team
RE/MAX by the Gulf
770 Water Street
Biloxi, MS. 39530
228-374-0002
228-374-0880
Fax: 228-436-0414
Email: AlandDee@NUMBER1EXPERT.com
The Al & Dee Home Selling Team at RE/MAX by the Gulf provides real estate services beyond expectation in a Teamwork environment. With over 15 real estate specialists in their team, The Al & Dee Home Selling Team provides relocation services, buyer representation, marketing strategists when selling a home, expert negotiators, investment counsellors, commercial sales, property management and more. Servicing the entire Mississippi Gulf Coast and with specialists in Military, Corporate and Gaming/Casino Relocation.

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